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Asset Sale, North Bay Fully Equipped Commercial Bakery For Sale

Santa Rosa, California, US
Asking Price:
$149,000
Sales Revenue:
$2,596,000
Cash Flow:
Available on request

Year Established: 12 years

Under Current Owner: 12 years

Organization Type: N/A

Services and Products: Commercial Bakery production

FFE: Delivery truck, depositor, 14×14 walk-in freezer, 2 single rack Revent ovens, enrobing machine, (1) 80qt and (2) 30qt, Hobarts, dishwasher, (4) 2-door refrigerators, SS tables, storage racks, pans, small wares, air compressor, etc.

Layout: Office space, production room, walk-ins, packaging room, dry storage room

Lease: 2,884 SF, part of industrial condo-style building; 10/31/2027 expiration, assignable, rent: $2,730, CAM: $365; security: $2,275

Personnel: Buyer to provide

Financial Demographics: 2010 newest data, Median income: $75,967, 24.65 have income over $100,000, 31.5 have bachelor’s or higher; a good work force is available

Housing: 66,202 units, 52.6 owned, median price $699,000, with 431 building permits, median gross rents $1,971/mo. (2018)

2,884-square-foot industrial/commercial bakery is FDA-permitted with complete infrastructure and good layout with easy access to freeway. Plenty of parking includes one roll-up door and no dock. Space is available to add equipment.

Fully equipped for bakery, ready for expansion or subletting the kitchen with Landlords consent.

Not a retail space.

AS-IS Asset sale only, cash; no terms available. Only buyers with plans ready to execute and verifiable funds will be considered.landlord is cooperative and prepared for next steps.

Facilities:
Office space, production room, walk-ins, packaging room, dry storage room
Real Estate Available: No
Real Estate Included: No

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No

Business Operation

Reasons for selling:

Relocation

Employees:
Full Time: 8